EcoProfit: Sustainable and Environment Business
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    24 research outputs found

    Sustainable innovation: Economic valuation of wood waste for sustainable development at PT Wapoga Mutiara Industries

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    Background: This study describes the economic valuation of wood waste at PT Wapoga Mutiara Industries using the Market Price Approach to calculate the Total Economic Value (TEV) derived from utilising production waste. This research uses qualitative methods to explore how processed wood waste contributes economically to the company and the local community. Wood waste in industrial processes is often an underutilised asset. However, at PT Wapoga Mutiara Industries, innovative practices have turned this by-product into a significant economic opportunity. Method: This research investigated the direct use value of wood waste - mainly wood chips and sawdust – converted into local charcoal products, a resource increasingly recognized for its environmental and economic benefits. The research assessed the monthly economic impact of these waste products, measuring their market value to quantify the total benefits accruing to the local economy. Findings: The findings from this study are considerable, showing that wood chips alone contribute IDR 42,300,000 to the economy each month. Sawdust was processed in the same way, adding IDR 72,860,000 per month. Combined, these waste materials contribute a total direct use value of IDR 166,160,000 per month to the local economy, which on average provides a potential income of IDR 1,350,700 per person per month, suggesting there is significant economic potential from sustainable wood waste management practices. Conclusion: In addition, the study provides insight into the broader implications of such valuation practices, demonstrating that with the right innovations, what is often considered industrial waste can be re-evaluated as a viable economic resource. This aligns with the global shift towards more sustainable industrial processes, where waste minimisation and reuse contribute to environmental sustainability, economic resilience, and community well-being.  Novelty/Originality of this study: This study presents a comprehensive analysis of the economic valuation of wood waste in the processing industry, demonstrating the significant potential of innovative waste management practices. This research opens up new perspectives on how industrial 'waste' can be transformed into valuable economic resources, supporting environmental sustainability and the well-being of local communities

    Analisis pertumbuhan ekonomi terhadap tingkat kesejahteraan di Sumatera Utara: (Economic growth and human well-being)

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    The aim of this research is to see how economic growth, poverty, and welfare levels in North Sumatra Province, Indonesia, relate to each other. This research investigates how these components interact in regional development using various theoretical frameworks. This research method involves the analysis of secondary data from North Sumatra Province, including data on economic growth, poverty levels, and indicators of people's welfare. Economic data will be evaluated using economic growth theory, and factors such as access to clean water, electricity, schools, health facilities, and infrastructure will be considered in the poverty and welfare analysis. It is hoped that the results of this research will provide in-depth insight into how economic growth impacts community welfare and poverty levels at the provincial level. It is hoped that this research will provide policy benefits for local governments as they create plans for sustainable economic development, improve community welfare, and overcome poverty

    Analysis of mushroom supply: Determinants and elasticity factors

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    Background: This study aims to determine the factors that influence the supply and elasticity of mushroom supply in Malang. Method: The primary method used in this research is descriptive and analytic. The research location was chosen purposively in Malang. The type of data used is secondary data in the form of time series for 39 months. The data analysis method used is multiple regression linear analysis with the partially adjusted Nerlove Model. Findings: The results showed the variable price of mushrooms, the area of the harvested mushroom, the price of chicken meat, the price of urea fertilizer, and interest rates individually affected the supply of mushrooms in Malang. The variable of mushroom production and the average rainfall had no significant effect. Variables that are elastic in the short term are the area of the harvested mushroom, and elastic in the long term are the area of the harvested mushroom and the price of chicken meat. Conclusion: The mushroom farmer needs production planning to anticipate increases in the price of substitution products. Mushroom farmers are advised to make storage for supply and expand the mushroom house with more substantial materials to increase supply.  Novelty/Originality of this study: This analysis provides an in-depth understanding of supply dynamics, identifying key factors that influence supply elasticity in the short and long term. This study offers practical recommendations for mushroom farmers to optimize their production in the face of market fluctuations

    Relationship between learning agility and innovative work behavior among undergraduate student of University of Indonesia

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    Background: Previous research has shown that university graduates in Indonesia face significant skill gap and behind from any country, spesifically among ASEAN countries, in term of innovation ability. Innovative ability can be developed for university students with the right variables. Thus, it might help student to focus on their self-development. Method: Quantitative and correlational research conducted to know how learning agility might related to innovative work behavior. Innovative Work Behavioral Scale developed by Janssen (2000) and Learning Agility Assessment Scale, developed and published by Gravett and Caldwell (2016), were used in study. Both scales were adapted and translated so they would fit with the undergraduates’ context. Result: In result, 539 of minimum Second year/3rd semester University Indonesia students were chosen. The statistics analysis technique used for hypothesis testing was Pearson’s Correlation. The result showed that learning agility is positively correlated with the innovative work behavior, r(537) = 0,61, p < 0,001. Conclusion: After this study, the result might be used as one of the references for university to develop program where student could develop their learning agility and become more innovative.  Novelty/Originality of this study: This study reveals a significant relationship between learning agility and innovative work behaviour among Indonesian students, providing new insights into developing innovation capabilities at the higher education level. The findings offer an empirical basis for universities to design programs that enhance graduate competitiveness in the ASEAN context

    Tata kelola sumber daya air berkelanjutan-berkeadilan : Bagaimana Indonesia memperkuat poros maritim?

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    Water resources are an important aspect of human survival. However, population growth, urbanization, climate change, agricultural expansion, and industrialization have led to a rapid decline in the quality and availability of water resources. It is estimated that by 2050, the global population will reach 9.7 billion, which will increase the need for water resources. Currently, approximately 2.3 billion people live in water-critical areas, and two-thirds of the global population experiences critical water shortages for at least one month of the year. The United Nations has established Sustainable Development Goals, with a focus on clean water and sanitation. Indonesia, with more than 17,000 islands, has rich water resources but is vulnerable due to urbanization, pollution, and climate change. To overcome these challenges, sustainable water governance is necessary. Indonesia is already experiencing water shortages, and it is estimated that 67% of economic activity will be in areas experiencing water scarcity by 2045. In addition, Indonesia is among the ten largest groundwater-consuming countries, drawing groundwater mainly for domestic use. To overcome this challenge, the government has implemented water governance reforms through regulatory policies and infrastructure improvements. In this context, this research aims to provide an overview of the progress of sustainable water governance in Indonesia and strategies for facing challenges as a maritime axis in sustainable water governance. This study uses a systematic literature review methodology to analyze 69 articles on current water governance practices, sustainable water governance challenges, and strategies for overcoming these challenges. By adopting sustainable water governance, Indonesia can ensure fair and equitable access to water, reduce water-related conflicts, increase access to clean water and sanitation, and strengthen the country's overall environmental and economic resilience

    Kapabilitas sumber daya transformasi industri 4.0 dan pengaruhnya terhadap industri mikro kuliner berkelanjutan dan ekonomi sirkular kawasan metropolitan

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    Industrial Revolution 4.0 (I4.0) is a major trend in various sectors, including IMK, which is very important in Indonesia. I4.0 supports sustainable development and sustainable business while minimizing environmental impact. This study aims to identify key resources for the adoption of Industry 4.0 and its impact on the sustainable business and circular economy of the Jakarta culinary IMK. This study uses mixed methods (mixed methodology) with exploratory analysis (Explanatory Factor Analysis/EFA) and modeling-based hypothesis testing. The initial stage involved a PRISMA-based systematic literature review (SLR) to form a theoretical model. Model testing uses structural equation modeling with partial least squares (SEM PLS). Data was obtained from field questionnaires given to 293 culinary micro- and small-industry (IMK) players in the Jakarta metropolitan area. The research results found that production system management, HR leadership, and green business operations influence the adoption of I4.0 and sustainable culinary production systems. The use of information technology as an important key also supports the adoption of Industry 4.0 and the sustainable production system of Jakarta metropolitan culinary IMK. In the end, both the adoption of Industry 4.0 and sustainable culinary production systems have a significant impact on circular economy capabilities and sustainable business. This study provides recommendations for local governments to facilitate technology adoption, provide financial support, and have adequate IT infrastructure. The government can also start integrating sustainable circularity rules into the requirements for IMK Culinary to enter the consumer goods procurement market on the government's agenda. The IMK Association can promote collaboration and education, as well as advocacy for circular IMK business. Academics can provide training and innovation research related to technology adoption and sustainable practices at culinary IMKs in Jakarta

    Local economic development strategy through hiking tourism: A case study of the selo trail on Mount Merbabu

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    Background: The existence of the Selo Hiking Trail tourist attraction also provides job opportunities for the local community to work in various business units. Method: Using Multiplier Effect analysis, this study shows that tourism activities along the Selo Trekking Trail significantly impact the livelihoods of the local community. Economically assessed through Multiplier Effect Analysis, the Keynesian Income Multiplier was found to be 0.6, with a Type I Income Multiplier Ratio of 3.3, and a Type II Income Multiplier Ratio of 3.5, highlighting the substantial economic benefits derived from tourism along the Selo Trekking Route. Result: The study indicates that the high leakage rates, particularly in transportation and logistics costs outside the tourist destination, encourage the development of new business units such as convenience stores or minimarkets, as well as gas stations to meet the needs of tourists. Conclusion: To enhance the broader economic impact of tourism, further research and development are needed, especially in the context of culture-based rural tourism or Community-Based Tourism initiatives. This approach aims to promote sustainable economic benefits while preserving cultural heritage and increasing community participation in tourism activities. Novelty/Originality of this study: This study uses Multiplier Effect Analysis to measure the economic impact of nature tourism and provides quantitative evidence of substantial economic benefits to local communities. The study also identifies new business development opportunities to reduce economic leakage, providing a framework for community-based sustainable tourism development

    Analisis hubungan kepercayaan, persepsi kemudahan penggunaan, persepsi manfaat, persepsi resiko dan keinginan membeli online anggota kaskus.us dalam pembelian online: Studi kasus: FJB kaskus.us

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    This study applies qualitative methods as a theoretical basis for evaluating perceptions about ease of use and perceptions about benefits, which are strengthened by external variables, namely trust, in influencing the intention of Kaskus.us members to make purchase transactions on the Kaskus.us Buying and Selling Forum. The target population in this research is all Kaskus.us members who have shared any information on the Kaskus.us Buying and Selling Forum. The research methodology applied was purposive sampling and convenience sampling with structural equation modeling (SEM) analysis techniques. There were 200 respondents who overall stated that trust had a significant influence on online purchasing intentions. The research results also show that ease of use and benefits have a significant influence on online purchase intentions at the Kaskus.us Buying and Selling Forum. In general, the aim of this research is to analyze the influence of perceived ease of use, perceived usefulness, and trust on the intention to make online purchases among Kaskus.us members. By applying, 200 respondents who were active members of the Kaskus.us Buying and Selling Forum were included. The results show that trust, ease of use, and perceived usefulness significantly influence respondents' intention to make online purchases through the platform

    Nickel export ban policy in Indonesia - a path to sustainable economic development?

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    Electric-based vehicles (EV) come as an option for the solution over the GHG emissions problem resulting from energy production and transportation. Background.  The demand for nickel, as a vital component of the lithium-ion batteries used in EV increases significantly and Indonesia plays a critical role as the owner of the world's largest nickel reserve. While exporting raw materials can increase national income, Indonesia misses out on the opportunity to capture higher value-added benefits from downstream processing and manufacturing. The nickel export ban policy is proposed by the Indonesian government as an effort to encourage the growth of the domestic nickel processing industry and capture higher value from the country’s nickel resources. From the creation of domestic value addition, industrial development, and sustainable resource management, it is hoped that Indonesia will move toward sustainable economic development. Methods. This paper reviewed component required to assess the nickel export strategy for long-term economic growth. We used a straightforward approach, outlining each sustainability principle's underlying objectives and providing justifications for why it should be considered in the nickel sector. By citing justifications for their advantages and justifications for their risks, we analyzed the existing policy. Results and discussions. Indonesia's nickel sector does not comply with sustainability principles and is used as a raw material for electric vehicle batteries, but it may only benefit a few people rather than the general welfare of the community. Conclusion. Therefore, the government's decision to impose a ban on nickel exports is correct, but it must be accompanied by efforts to improve both in terms of technology and policies regarding natural resource management. To control the power inclination to ensure sustainability and equality that sustainable natural resource management promotes, further study of the political component is required

    Proyek food estate pada lahan eks pengembangan lahan gambut di Kalimantan Tengah: perlu atau tidak?

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    Food estate development is one of ten National Strategic Programs (PSN) for 2020-2024 carried out by the government to restore the economy due to the impact of the COVID-19 pandemic. The government, through the Minister of Public Works and Public Housing (PUPR), stated that the food estate project was carried out on a potential land area of 165,000 ha, which is an alluvial area, not peat, on former Peat Land Project (PLG) land in Central Kalimantan. PLG was a government policy during the New Order era, with the opening of one million hectares of PLG to address agricultural development's challenges to achieve self-sufficiency. In 1998, this program was discontinued because it was considered unsuccessful in its planning and implementation, which did not pay enough attention to environmental impacts. This study examines government policy in implementing the food estate program on former PLG land in Central Kalimantan. The study covers environmental and socio-economic aspects that are affected by the food estate program on former PLG land. The research method applies a qualitative approach by searching literature reviews on implementing food estate projects on former PLG land in Central Kalimantan. The results show that government policy through the Minister of Environment and Forestry Regulation Number 24 of 2020 regulates two schemes for providing forest areas for the food estate program, namely through schemes for changing the designation of forest areas and establishing forest areas for food security. Both schemes could accelerate environmental exploitation and deforestation in Central Kalimantan, which previously experienced failure in the Million Hectare PLG project. In the socio-economic aspect, food estate development must involve the surrounding community, and it is necessary to improve the quality of farmers, which includes 1) increasing knowledge, skills, and community assistance, 2) facilitating the opening of marketing networks, and 3) establishing institutions between stakeholders at the local and central levels. Implementing the food estate program in Indonesia requires an operational strategy using strong sustainability theory to minimize environmental, economic, and social impacts so that program failure does not occur as in previous policies

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